Question

In: Economics

Why do Cuba, Poland, Sri Lanka, and Moldova rank higher on the human welfare than on...

Why do Cuba, Poland, Sri Lanka, and Moldova rank higher on the human welfare than on the economic dimension?

Solutions

Expert Solution

Dear Student,

Please find below the reason behind Cuba, Poland, Sri Lanka, and Moldova rank higher on the human welfare

They focused on Human Welfare Indicators rather than the economic dimension of coutry

1)  Physical needs

2) Social needs

3) Health needs

4) Political needs

To achive this above goals below strategies adopted by these countries

• Partnership with developed countries

• Market mechanisms for environmental regulation

• Resource conservation • Renewable resources

• Loans to women and very poor (microcredit)

• Women’s and children’s rights • Appropriate technology

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